±3.1-acre vacant infill site in Chapel Hill along the East Franklin/Elliott Rd corridor, identified in the Town's Comprehensive Plan as a focus area for higher-density residential or mixed-use (rezoning required). Fully assembled and surveyed with frontage on Velma & N. Elliott. Concept plan (see documents) demonstrates a feasible residential layout addressing the RCD stream buffer with integrated open space and stormwater. Water/sewer available along both frontages; OWASA flow modeling required. Strong infill opportunity near retail, transit, and established neighborhoods. Buyer to verify zoning/approvals.